Mixed options sentiment in Rocket Companies (RKT), with shares up 76c, or 4.21%, near $18.93. Options volume roughly in line with average with 28k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.38. Implied volatility (IV30) dropped 2.15 near 46.56,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.56. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKT:
- Rocket Companies price target raised to $20 from $18 at Keefe Bruyette
- Mixed options sentiment in Rocket Companies with shares up 0.96%
- Mixed options sentiment in Rocket Companies with shares down 0.24%
- Option traders moderately bearish in Rocket Companies with shares down 1.75%
- Mixed options sentiment in Rocket Companies with shares down 1.06%